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ALTERNATIVE SECURITIES

FIN5ALS

2018

Credit points: 15

Subject outline

In this subject, you will develop a working knowledge of the characteristics of alternative securities including hedge funds, venture capital and private equity. The subject provides an in-depth study on the institutional features of private equity and hedge funds. The main investment strategies of venture capital and hedge fund will be introduced. The subject also covers the evaluation of risks and returns of private equity and hedge funds and discuss the complicated measurement issues that are specific to the alternative assets. You will develop practical skills and apply their analytical skills to the valuation of private firms, firms with financial distress and leverage buyout.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorMichael Li

Available to Study Abroad StudentsYes

Subject year levelYear Level 5 - Masters

Exchange StudentsYes

Subject particulars

Subject rules

PrerequisitesN/A

Co-requisites FIN5DER, FIN5EQS

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditionsN/A

Readings

Resource Type

Title

Resource Requirement

Author and Year

Publisher

Readings

Handbook of alternative assets. (2nd ed.)

Prescribed

Anson, M. J. P.

JOHN WILEY & SONS: NEW JERSEY, 2006

Readings

Investment strategies of hedge funds

Prescribed

Filippo, Stefanini

JOHN WILEY & SONS, 2006

Graduate capabilities & intended learning outcomes

01. Understand and explain the key differences between traditional and alternative assets investment. Analyse industry and economic conditions that contribute to the development of alternative asset classes